SGB Executive Outdoor

Jarden Appoints Deutsche Bank to Replace Lehman

January 29, 2009

Jarden Corporation has reached an agreement to settle all of its outstanding claims against Lehman Brothers related to the bankruptcy of Lehman and related entities and the subsequent defaults of Lehman Commercial Paper Inc., an affiliate of Lehman Brothe

GSI, Innotrac Terminate Buyout Deal

January 29, 2009

E-commerce companies GSI Commerce Inc. and Innotrac Corp. said Thursday have agreed to terminate a cash-and-stock buyout deal. GSI had agreed to buy Innotrac in October for $52 million, including $22 million in cash and the rest in stock. GSI's share

U.S. Dept. of Education Allocates $70M to Get Youth Active

January 29, 2009

The U.S. Department of Education recently announced the availability of $70 million dollars for the purchase of products, including snow sports, that help activate children and for training on the use of such products, reported the SIA. The Carol H. White

Kobe Bryant Jersey Tops NBA Sales

January 28, 2009

Based on sales at the National Basketball Association’s New York store and on the Internet, Los Angeles Lakers guard Kobe Bryant's jersey is again the most popular among fans. Bryant’s No. 24 jersey has been the top seller since the start of the 2008

Delta Apparel to Close Fayetteville Textile Plant

January 28, 2009

Delta Apparel, Inc. plans to close its textile manufacturing facility in Fayetteville, NC. In continuing the company’s manufacturing improvement strategy, the company is consolidating the textile production for its M. J. Soffe business, currently produced

RECALL: Outdoor Research Warming Gloves

January 28, 2009

The U.S. Consumer Product Safety Commission, in cooperation with Outdoor Research, Inc., has announced a voluntary recall of “Primovolta” and “Primavolta” Warming Gloves. Consumers should stop using recalled products immediately unless otherwise instructe

Confluence Moves Composite Manufacturing to China

January 28, 2009

Confluence Watersports will be manufacturing the entirety of its composite boat program in China, effective June 2009. While ultimately it is a decision to lower the costs associated with manufacturing composite boats in the Easley, S.C. factory, the com

Dick’s to Close Return Center

January 27, 2009

Dick's Sporting Goods is closing its 75,000 square foot return center in Conklin, NY in a move to reduce expenses for rent and freight. A spokesman told WBNG News in Binghamton that the warehouse will close by March 31 and twenty jobs are affected…

The Athlete’s Foot Launches Email Fan Club

January 22, 2009

The Athlete's Foot (TAF) recently launched an email fan club at www.theathletesfoot.com as part of its re-branding initiative. The opt-in program provides members with everything from product and company news to member exclusives, in-store discounts

Finish Line Raises Over $1MM for Youth Foundation

January 22, 2009

The Finish Line, Inc. reached a new record by raising $1,164,329 for the Finish Line Youth Foundation (FLYF) during its holiday campaign held in stores nationwide and online. From November 7 though December 31, Finish Line customers were invited to “Celeb

Chicago Cubs Sue Under Armour Over Sponsorship

January 22, 2009

The Chicago Cubs have sued Under Armour for allegedly reneging on a five-year, $10.8 million sponsorship contract to have its logo displayed on the outfield doors in left- and right-center fields. Under Armour disputes the suit, claiming the agreement was

RECALL: Saris Stationary Bicycle Trainers

January 22, 2009

Saris Cycling Group of Madison, WI, is voluntarily recalling certain models of stationary bicycle trainers, under an agreement with the U.S. Consumer Product Safety Commission. The trainers are a frame that converts regular bikes into stationary bicycles.